Orion Space Falls Short of $2 Million Fund-raising Goal

Aurora station (Credit: Orion Span)

SpaceNews reports that commercial space station startup Orion Span raised only a portion of the $2 million it sought through the online investment website SeedInvest.

A copy of the SeedInvest page for Orion Span, archived by SpaceNews hours before the deadline Jan. 25, shows the company raised $225,700 by that point, far short of its public goal of $2 million. A copy of the site captured by the Internet Archive Jan. 26, just after the deadline, says the campaign raised $235,700.

SeedInvest, which says on its website that it accepts only about one percent of the startups who apply to use the site for equity crowdfunding, did not respond to multiple requests for comment regarding the total amount raised by Orion Span and why the campaign web site was no longer available.

Orion Span also declined to comment on the outcome of the crowdfunding campaign or its future plans. Courtney Merolle, a spokesperson representing the company, said in a Jan. 29 email that “it’s a bit hectic right now and we are going to have to pass on this opportunity” to discuss the fundraising effort.

Orion Span plans to build a private station named Aurora in Earth orbit that would offer stays to tourists.

  • Robert G. Oler

    so much for the rush to fund private space stations

  • ThomasLMatula

    Definely not well funded as Bigelow Aerospace is.

  • duheagle

    So much for this private space station anyway. Certainly no rush there. Good on Joe Public for hanging back. This thing was pretty much the Mars One of LEO – people with no money or technical chops looking to make a big splash with Other People’s Money.

    As usual, though, you paint with far too broad a brush.

  • Paul_Scutts

    Everybody “floating” about having a good old time. Funny thing, health care professionals know that somebody lying in bed for prolonged periods of time causes moderate to severe health problems, but, in space it becomes all so “cool”. Idiots. Until we start getting serious about artificially creating weight, effective radiation shielding and non-chemical control of bacteria and mold within fully enclosed off-Earth environments, then long term HSF beyond LEO is just a bunch of BS. 🙁

  • ThomasLMatula

    Skeptics often do 😄

  • delphinus100

    I might be concerned about the staff.

    Tourists themselves would likely be aboard no more than a week. We’ve known since Gemini that you can do a week…and they couldn’t even ‘float about,’ unless an EVA was involved.

  • ThomasLMatula

    Specs on the Aurora are that it’s limited to only 6, a crew of 2 and 4 tourists. It only has a pressurized volume of 160 cubic meters, almost twice that of NASA’s proposed Gateway, but about a 6th of the volume of a Starship. So it would be a much better plan to just rent s Starship for a week for tourists to enjoy, while sending it around the Moon, as least you get to see two worlds on that time frame 😊

  • duheagle

    I’ve noticed that too.